Innovation Financial Consulting IFC, Innovative Financial Consulting, Innovation Financial Consultants, Innovation Financial Network Illegally Operating Debt Settlement in Numerous States! Jacksonville, Florida

Thank you so much for sharing this report on Innovation Financial. I also sought the assistance of this company to help with my financial situation, but in the end withdrew from the program because I was simply not seeing results. Innovation ultimately failed to save me a cent and my creditors refused to work with the company. Though Innovation allowed me to opt out, it refused to refund the money that it had received from me to allegedly help with my debt payments. I have also filed a complaint here on Ripoff Report, which gives details of my unfortunate experience with Innovation. I have not only reported the company to the Better Business Bureau and the Federal Trade Commission, but have also requested the FL Attorney General's Office to investigate the company.

I currently work for this company and have nothing but positive things to say. I am an extremely honest person and would NEVER work for a company that is a scam.

I understand that probably 98% of the Debt Settlement/Debt Management companies out there are not legit, however IFC is NOT one of them. We have a B- rating with the BBB (http://northeastflorida.bbb.org/codbrep.html?wlcl=y&id=160855207). The law concering DS/DM are always changing and we continue to stay on top of all the new rules and regulations. I have personally witnessed a situation where the law changed regarding the fee's allowed by a specific state had changed and the company proceeded to adjust those fee's for each client we had from that state in the program.

At one time there was an attorney in the office however, we do NOT have an attorney on site now and we are NOT a law firm and in fact we very specifically state this fact in our compliance calls (which are recorded) with each and every new client.

Concerning client being sued: Yes, you can be sued if you do not pay your creditors on a monthly basis. This is also specifically stated in our recorded compliance calls. IFC is a bankruptcy alternative program, not a protective safety net where the laws magically do not apply to you if you are enrolled. If a creditor is going to sue you, they're going to do it whether you are in the program or not. A Case Manager will walk a client through each and every step of this process (should it occur), and YES we DO settle Judgements.

The company your credit card is with is the one who will close your account. Why? Because you're not paying them. Why aren't you paying them? Because you are in a severe financial hardship and are unable to. Yes, they get charged off and yes they go deliquent. (Again, Bankruptcy Alternative program.) Once a debt is with a 3rd party collection agency (who has purchased this debt for pennies on the dollar) we then have a team of Arbitrators who negotiate and settle these accounts for the client at 30-40% of the original debt, on average. The average program length is 36-48 months. And the client is then completely debt free! You are then free to begin repairing your credit, as opposed to filing bankruptsy and having THAT on your public record for 7-10 years. Our clients are made well aware of the fact that your credit will be destroyed by the program. But destroy it for 36-48 months, then be debt free and begin repairing it.....or continue to fall further and further behind on your own for the next 5-15 years and your credit NEVER gets better....OR file for bankruptcy and trash your credit for 7-10 years.

Also in our recorded Compliance calls, we make sure the client understands that there are NO laws legally obligating a creditor to work with a Debt Settlement company. They may not negotiate with us and if that is the case, the creditor is removed from the clients program, the clients fee's are adjusted down accordingly and the client is then responsible for that debt on their own. They ARE aware of this fact upon enrollment.

You sound to me like a bitter ex-employee. IFC is a very reputable company and I have NO issues tell people who I work for or what I do because I believe in our company and I know first hand that we actually care about our clients. I see our Case Managers go above and beyond on a daily basis for our clients. Assisting them with finding public assistance, help paying for medication...etc. They don't have to do those things but they do because they care. I love this company and I love my job. I will stand behind IFC fully.